The Philippine Maritime Industry Authority (Marina) generated P519.982 million in revenue in the first semester of 2017, which is 13% lower than the P597.889…
Marina revenue 40% below target in first half
The Latest
Metro subway, 2 other infra projects cleared by NEDA Board
The National Economic and Development Authority (NEDA) Board has approved the P355.6-billion Metro Manila Subway Project (MMSP), as well as two other big-ticket infrastructure…
PH trade chief seeks stronger ASEAN stance against NTBs
Philippine Trade Secretary Ramon Lopez is calling on trade ministers from the Association of Southeast Asian Nations (ASEAN) to take measures to facilitate resolution…
DOF to introduce faster import permit system
The Philippine government is finalizing a new, faster system for securing import applications that currently involves more than 60 government agencies, part of fresh…
Changes are Afoot
To me, September means two things: the annual SCMAP Supply Chain Conference, and the “Apple Special Event”, as they call it these days, when…
Making Your Freight Business Cost-Effective
The freight business as you know has many moving parts. There are so many things happening simultaneously that it is quite easy to lose…
Rigodon at the BOC; MICP, POM collectors transferred
Philippine Customs commissioner Isidro Lapeña has ordered the reshuffle and re-assignment of several district collectors of big Bureau of Customs (BOC) ports. In Customs…
UN report: Austerity policy of advanced economies stalling global recovery
The world economy in 2017 is picking up but not lifting off, stuck on its path to recovery, says a new report from the…
Businesses concerned about impact of urbanization on logistics operations
Nearly all companies are concerned about how urbanization will impact business growth and sustainability, with less than half feeling up to the challenges it…
ASEAN, HK conclude free trade talks
The Association of Southeast Asian Nations (ASEAN) and Hong Kong have concluded negotiations on their free trade agreement (FTA) at the second ASEAN Economic…
CMA CGM swings to black, confirms order for 22,000-TEU ships
French container shipping liner CMA CGM said it posted “excellent financial results” for the second quarter of 2017 as volumes surged and freight rates…
ICS: $100B needed to invest in new ballast water treatment systems
The International Chamber of Shipping (ICS) said that with the entry into force of the International Maritime Organization (IMO) Ballast Water Management (BWM) Convention…
BWM Convention in force; Jamaica and Malta latest signatories
The International Maritime Organization announced that Jamaica and Malta have become the latest states to sign up to IMO’s Ballast Water Management Convention, which…
Nearly half of APAC manufacturers to have smart factories by 2022—report
The number of manufacturers supporting a fully connected factory will nearly triple by 2022, meaning 46% anticipate having the capability in five years’ time,…
Small parcels shifting to premium transport services
A global survey of express users and carriers has revealed a strong momentum towards the use of premium services by shippers, driven not least…
PH ports see 7.4% hike in first-half volume
Cargo volume handled by Philippine ports in the first semester of 2017 rose 7.42% due to a favorable business climate, according to the Philippine…
BOC Aug collection up 16% y-o-y but still missed target
The Philippine Bureau of Customs (BOC) collected P38.32 billion in August 2017, up 16% from the P33.1 billion recorded in the same month last…
ADB unveils flagship statistical report for Asia-Pacific
The Asian Development Bank (ADB) has released the 2017 edition of “Key Indicators for Asia and the Pacific,” which provides the latest available economic,…
Solid recovery in advanced economies raises forecast for developing nations
With the strengthening in the global economy, the firm growth in advanced economies so far this year has now had a cascade effect on…
Use of green lane temporarily on hold
Philippine Customs commissioner Isidro Lapeña has temporarily suspended the green lane while the Bureau of Customs’ (BOC) selectivity system is undergoing review. All shipments…
